Miami Housing Market Report — Three months ending August 2026
Every number carries its source and date. Medians describe the market, not your house; open an area for the full guide and a real read on a specific property.
Four of these areas carry place-level figures from a named source. The rest publish the Miami-Dade county picture with its date, plus the local factors that actually decide a price on a given street — flood zone, roof age, opening protection, association dues and permit history. We would rather show you nothing at neighborhood level than a modelled estimate dressed up as a sale price, and when our direct MLS data access is live every one of these pages will carry place-level medians refreshed monthly.
Miami-Dade housing market reports by area
| Area | Median sale price | Per sq ft | Days on market | Source · date |
|---|---|---|---|---|
| Pinecrest → | $2,400,000 | $737 | 84 | Redfin, Pinecrest housing market · Three months ending August 2026 |
| Coconut Grove → | $1,870,000 | $1,150 | — | Redfin, Coconut Grove housing market · Three months ending August 2026 |
| Key Biscayne → | $1,500,000 | $958 | 75 | Redfin, Key Biscayne housing market · Three months ending August 2026 |
| Coral Gables → | $1,400,000 | $810 | 98 | Redfin, Coral Gables housing market · Three months ending August 2026 |
| Palmetto Bay → | $1,300,000 | $506 | 76 | Redfin, Palmetto Bay housing market · Three months ending August 2026 |
| Miami Shores → | $1,200,000 | $924 | 79 | Redfin, Miami Shores housing market · Three months ending August 2026 |
| South Miami → | $902,000 | $535 | 106 | Redfin, South Miami housing market · Three months ending August 2026 |
| Coral Way → | $830,000 | $493 | 84 | Redfin, Coral Way housing market · Three months ending August 2026 |
| Miami Springs → | $794,000 | $577 | 70 | Redfin, Miami Springs housing market · Three months ending August 2026 |
| Westchester → | $690,000 | $459 | 74 | Redfin, Westchester housing market · Three months ending August 2026 |
| Miami Lakes → | $680,000 | $346 | 84 | Redfin, Miami Lakes housing market · Three months ending August 2026 |
| Sunny Isles Beach → | $680,000 | $433 | 189 | Redfin, Sunny Isles Beach housing market · Three months ending August 2026 |
| Brickell → | $620,000 | $636 | — | Redfin, Brickell housing market · Three months ending August 2026 |
| Doral → | $617,000 | $362 | 81 | Redfin, Doral housing market · Three months ending August 2026 |
| Cutler Bay → | $595,000 | $317 | 69 | Redfin, Cutler Bay housing market · Three months ending August 2026 |
| Kendall → | $590,000 | $411 | 68 | Redfin, Kendall housing market · Three months ending August 2026 |
| Miramar → | $550,000 | $301 | 75 | Redfin, Miramar housing market · Three months ending August 2026 |
| Little Havana → | $537,000 | $361 | 97 | Redfin, Little Havana housing market · Three months ending August 2026 |
| Miami Gardens → | $500,000 | $365 | 62 | Redfin, Miami Gardens housing market · Three months ending August 2026 |
| Hialeah → | $497,000 | $316 | 59 | Redfin, Hialeah housing market · Three months ending August 2026 |
| Pembroke Pines → | $490,000 | $301 | 71 | Redfin, Pembroke Pines housing market · Three months ending August 2026 |
| North Miami → | $487,000 | $315 | 95 | Redfin, North Miami housing market · Three months ending August 2026 |
| Hialeah Gardens → | $460,000 | $260 | 59 | Redfin, Hialeah Gardens housing market · Three months ending August 2026 |
| Aventura → | $450,000 | $333 | 147 | Redfin, Aventura housing market · Three months ending August 2026 |
| North Miami Beach → | $430,000 | $329 | 140 | Redfin, North Miami Beach housing market · Three months ending August 2026 |
| Sweetwater → | $425,000 | $444 | 110 | Redfin, Sweetwater housing market · Three months ending August 2026 |
| Homestead → | $416,000 | $231 | 86 | Redfin, Homestead housing market · Three months ending August 2026 |
| Fontainebleau → | $320,000 | $266 | 86 | Redfin, Fountainebleau housing market · Three months ending August 2026 |
Miami-Dade prices, month by month
| Month | Median sale price | Price per sq ft | Days on market |
|---|---|---|---|
| Three months ending August 2026 | $2,400,000 | $737 | 84 |
Monthly history begins once the MLS feed is live; until then this is the latest published snapshot. · Redfin, Pinecrest housing market
What this means if you are buying in Miami-Dade
Use the price per square foot as your yardstick for a specific home of the same type, and the days-on-market figure to judge how much room there is to negotiate. Then check the address — flood zone, roof, association — before the price, because those set the monthly cost the median never shows.
What this means if you are selling in Miami-Dade
The median is the market's frame, not your price. Price from the last six months of closed comparables for your property type, watch what the active competition is asking, and read the days-on-market figure as the penalty for getting the first price wrong.
“The present cash value of the property, which is the amount a willing purchaser would pay a willing seller, exclusive of reasonable fees and costs of purchase, in cash or the immediate equivalent thereof in a transaction at arm's length”
Neighborhood guides behind these numbers
- Brickell Condos for Sale
- Homes for Sale in Coconut Grove, Miami FL
- Coral Gables Homes for Sale
- Houses for Sale in Cutler Bay
- Homes for Sale in Doral, FL
- Houses for Sale in Hialeah
- Homes for Sale in Homestead, FL
- Kendall, Miami Homes for Sale
- Miami Gardens Homes for Sale
- Homes for Sale in Miami Lakes, FL
- Houses for Sale in Pinecrest, Miami FL
- Homes for Sale in Westchester, Miami FL
- Aventura Homes and Condos for Sale
- Coral Way Homes for Sale
- Fontainebleau Homes for Sale
- Hialeah Gardens Homes for Sale
- Key Biscayne Homes for Sale
- Little Havana Homes for Sale
- Miami Shores Homes for Sale
- Miami Springs Homes for Sale
- Miramar Homes and Condos for Sale
- North Miami Homes for Sale
- North Miami Beach Condos and Homes for Sale
- Homes for Sale in Palmetto Bay, FL
- Houses for Sale in Pembroke Pines
- Houses for Sale in South Miami
- Sunny Isles Beach Condos for Sale
- Sweetwater Homes for Sale
Miami-Dade market questions
How is the housing market in Miami-Dade right now?
The numbers on this page — median sale price, price per square foot and days on market, with their source and date — are the honest answer. Read the days-on-market figure first: it tells you whether correctly priced homes are moving, which matters more to a buyer or seller than the headline median.
Is the housing market going to crash?
Nobody can tell you that honestly, and we will not. What we can show is what closed in this area, at what price per square foot, and how fast — and whether those three are rising or falling month to month once the MLS feed refreshes this page. Decisions built on your timeline and a real net sheet survive any headline.
Are home prices dropping in Miami-Dade?
Compare the median and the price per square foot on this page with the previous report, and weigh the mix: a month heavy in condos will show a lower median without any house losing value. Price per square foot for the same property type is the fairer signal.
What does days on market mean?
The count from the day a home is listed to the day it goes under contract. Low means priced homes move; high usually means first prices were wrong, not that nobody wants the area.
What is a home in Miami-Dade worth?
Not the median. Medians describe the market; your home is priced from closed comparables adjusted for condition, flood zone, roof and association status. Send the address and we return a written range within one business day.
Tell us what you are looking for.
Neighborhood, budget, timeline. A licensed broker replies within the day, in English or Español.
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